[Nathan Zachary]

"That means the cartels would take a big hit since most of their revenue comes from mj - 62% according to the ONDCP."

I doubt it. it will still be cheaper than government pot. Just like the bootleg booze and cigarettes are. that illegal industry is still quite large.

It's not called the Burrough(?) of alcohol, firearms and tobacco for nothing you know.

[Ken H]

I doubt it. it will still be cheaper than government pot. Just like the bootleg booze and cigarettes are. that illegal industry is still quite large.

The black market in booze is not large enough to sustain the cartels. There is virtually no black market in cigarettes in low-tax states.

An underground market simply cannot compete with a well regulated and reasonably taxed market like alcohol. Same would be true for marijuana. It's economics 101.